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BYD Company Limited (OTCMKTS:BYDDY) Declares Dividend Increase - $0.72 Per Share

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BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) declared a dividend on Friday, May 17th, NASDAQ reports. Investors of record on Wednesday, June 12th will be paid a dividend of 0.7221 per share on Wednesday, August 21st. The ex-dividend date of this dividend is Wednesday, June 12th. This is a boost from BYD's previous dividend of $0.26.

BYD Price Performance

BYD stock traded up $0.21 during trading hours on Friday, hitting $57.32. 276,758 shares of the stock were exchanged, compared to its average volume of 446,020. BYD has a 12 month low of $43.62 and a 12 month high of $71.70. The business's 50-day moving average is $53.66 and its two-hundred day moving average is $53.42. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.44 and a current ratio of 0.66. The stock has a market capitalization of $85.35 billion, a P/E ratio of 20.24, a P/E/G ratio of 2.05 and a beta of 0.41.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Macquarie started coverage on BYD in a research report on Monday, April 15th. They issued an "outperform" rating for the company. Nomura initiated coverage on shares of BYD in a research report on Wednesday, February 28th. They set a "buy" rating on the stock.


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About BYD

(Get Free Report)

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.

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